Murex Once Again Named Best Pricing and Risk Analytics Provider at Structured Retail Products Asia Pacific Awards

Repeat category win recognizes analytics leadership, wide, growing APAC adoption of MX.3

SINGAPORE, May 14, 2024—Murex is honored to be named Best Pricing and Risk Analytics Provider at the Structured Retail Products (SRP) Asia Pacific Awards for the second year in a row.

Murex’s MX.3 integrated platform delivers front-to-risk solutions for structured products activities. Its top-tier pricing, hedging and risk analytics across asset classes makes it an industry benchmark offering.

Clients in Asia Pacific widely use Murex analytics. These include curve calibration; volatility management; GPU-powered state-of-the-art diffusion models; and patented accelerated simulation methods for XVA and FRTB-IMA.

"Murex is very pleased to retain this award,” said Alexandre Bon, Murex head of marketing, presales and go-to-market in Asia Pacific. “The Best Pricing and Risk Analytics provider distinction recognizes our strong product features—a rich catalog, advanced analytics capabilities and flexible structuring tools among them. It also showcases how Murex helps Asia-based firms expand their structured product activities. We are proud to help our clients innovate as they launch new products, ramp up volumes and navigate volatile markets."

Murex’s longstanding and expanding presence in Asia Pacific is key to take advantage of opportunities in nuanced markets.

Murex observes several Asia Pacific trends, including a loosening of stringent regulations around structured products in India, along with growing appetites for such products there.

“A stronger U.S. dollar has renewed interest in FX exotics across the region—after vanishing for a few years, FX TARNs are back,” Alexandre Bon said.

Following the downturn in Chinese equities, investors in China and Korea are now seeking alternatives to equity autocallable notes.

With the largest out-of-the-box catalog on the market, MX.3 provides over 350 packaged payoffs, including all regional best-selling structures. Clients can further enrich their offerings with payoff combinations or Python-based payoff scripting. Across APAC, many institutions price and risk-manage structured products on MX.3.

Following the LIBOR transition, Asia Pacific firms continue to adopt novel RFR-based structured products. MX.3 offers comprehensive integration, including uniform trade representation and analytics across pricing, hedging, sales, XVAs, market risk and regulatory compliance. Murex clients trade confidently while managing the risks and costs of implementation effectively.

APAC firms continue to expand their scope of structured products usage. Some Murex clients have been adding new rates structures on risk-free rate (RFR)-based structured products. Other Murex clients offer new autocallable structures to their customers.

Murex, the global leader in trading, risk, and processing solutions for capital markets, has six APAC offices. There, 20 cross-asset structured product experts and six quants address a wide range of local market products. Localized packaged accelerators help Murex clients seize market opportunities.

MX.3 provides complete integration of structured products front-to-back-to-risk. Its design lets users launch new products quickly, with complete control over risks and the ability to avoid costly system integration and manual processes.